BULL’S EYE: ‘Value’ is all very well, but growth is even better

Business

BULL’S EYE: ‘Value’ is all very well, but growth is even better

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Journalist

In times of weary entropy, when you can almost hear the fabric of the world fray and tear, it is well to consider that things always change, sometimes even for the better. 

Financial Times columnist Simon Kuper wrote on September 21 that in 1929 Argentina was among the 10 richest countries. It is enduring its umpteenth crisis since then.

Kuper was warning his native UK about the “populism, disappointment, emigration and bafflement” that befell the South American nation. He might as well have been wagging a finger at SA’s political class. We have blundered through greater travails before, but what kind of fool continues to tempt fate?..

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